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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: JimisJim who wrote (186963)	12/7/2014 4:14:18 PM
From: Bearcatbob	Read Replies (1) \| Respond to of 206110

Yeah - but are they being bought out? Bob

To: JimisJim who wrote (186963)	12/7/2014 5:01:20 PM
From: Elroy Jetson	Read Replies (1) \| Respond to of 206110

Of course LNG imports to America would be scarce. Who would willingly import costly LNG into America where it has to be sold at a huge loss in order to compete with cheap domestic natural gas? Only someone locked into a contract they can't escape from by chewing off their leg. I'm not sure of the most recent costs the LNG process itself adds, but I assume they're still not minimal. At least matching crude supply with each refinery has a method to the madness. The Sydney refinery is optimized for super-light Malaysian crude. Singapore refineries are optimized to process high sulfur crude from Iran, Singapore never observing a boycott to the best of my knowledge, as well as crude from other Middle East producers as needed.